kamam vihrtya salilad
dadau kantih subham srajam
The Lord played in the water to His full satisfaction, and when He came out Goddess Kanti presented Him with blue garments, precious ornaments and a brilliant necklace.
Srila Sridhara Svami quotes from the Visnu Purana to show that the goddess Kanti mentioned here is actually Laksmi, the goddess of fortune:
samudrabhe tatha vastre
nile laksmir ayacchata
“Sent by Varuna, Goddess Laksmi then presented Him with a garland of unfading lotuses and a pair of garments colored blue like the ocean.”
The great Bhagavatam commentator Srila Sridhara Svami also quotes the following statement from Sri Hari-vamsa, spoken by Goddess Laksmi to Lord Balarama:
adi-padmam ca padmakhyam
“O Lord, please accept as divine ornaments for Your ears this single gold earring studded with diamonds and this primeval lotus called Padma. Kindly accept them, for this act of adornment is traditional.”
Srila Visvanatha Cakravarti further points out that Goddess Laksmi is the consort of the Lord’s plenary expansion Sankarsana who belongs to the second vyuha.